Still living in the house he bought in the 1950s and driving an equally modest car, Buffett prefers to keep and grow his money rather than take it out of the bank. Not one for lavish purchases, he spends relatively little of his billions – except when it comes to philanthropy.

Buffett is regarded as one of the most generous philanthropists in the world, having donated more than $46 billion since 2000.

However he uses his money, not much is spent on himself. See how Buffett spends – or doesn’t spend – his billions.

Warren Buffett has a net worth of $80 billion, making him the world’s third richest person.

Compared to other CEOs, Buffett doesn’t spend a whole lot on his hobbies. He plays bridge for about 12 hours a week.

Buffett also likes to hit the green for some golf — but he doesn’t spend his money on fancy golf clubs. “I’m a member of every golf club that I want to be a member of […] I’d rather play golf here with people I like than at the fanciest golf course in the world,” he once said in a Q&A.

He also purchased 2 million shares, an 8% stake, in Seritage Growth Properties for a total estimated cost of $73 million.

He also owns an undisclosed amount of JPMorgan stock. He’s said to be a fan of the bank’s CEO, Jamie Dimon.

But not all his investments have been wise — back in 1951, he bought a Sinclair gas station with a friend. The Texaco station across the street was more popular, and he lost $2,000 out of his $9,600 savings.

That same week, he donated about $800 million in Berkshire Hathaway stocks to the Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation, and NoVo Foundation.

Buffett only plans to leave his kids $2 billion each; the rest of his fortune will be donated to philanthropic causes. He once said he wants to leave his children “enough money so that they would feel they could do anything, but not so much that they could do nothing.”

There is one thing money does buy for Buffett personally, he said in a CNBC interview: Freedom.

“My life couldn’t be happier” he once said. “In fact, it’d be worse if I had six or eight houses. So, I have everything I need to have, and I don’t need any more because it doesn’t make a difference after a point.”